Ontario Tax Sale Property
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House Vs Vacant Land
Chapter: GENERAL QUESTIONS
Reenster
if you had to choose, would you pick a vacant property or one with a house on it and why?
Speedfreeksteve
I'm assuming you are looking into this for investment purposes. They each have their advantages and disadvantages. A house can be run down and turn into a money pit, while on the other hand a piece of what may appear to be prime property may be stuck with environmental regulations or you may be unable to get a building permit for the property which essentially makes it almost worthless.